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Optimize Energy Procurement: Efficiency Tips & Competitive Choices

Understand your energy options, bill processes, and how to make the best choices for your business. Explore aggregation vs individual procurement, traditional RFP vs reverse auction methods, and efficient vs inefficient meters.

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Optimize Energy Procurement: Efficiency Tips & Competitive Choices

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Presentation Transcript


  1. Understanding Your Options

  2. Your Bill • Delivery • Non-negotiable • Regulated • Maintenance, Meter Reading, etc • Based on kW • Supply • Where you have a choice • Procurement Options: • Traditional RFP vs Reverse Auction • Aggregation vs Individual Procurement

  3. Traditional RFP vs. Reverse Auction • Traditional RFP • Time consuming • Drains administrative and legal resources • Doesn’t typically realize best results • Reverse Auction • Streamlined RFP process • Takes a fraction of the time compared to traditional RFPs • 30 minutes or less • Transparency

  4. Aggregation vs. Individual Procurement • Aggregation • Favors inefficient meters • Bulk purchasing power • Has set opt-in and opt-out dates • Individual Procurement • Favors efficient meters • Provides transparency • Allows choice of terms • Capitalize on market conditions

  5. Inefficient Meters vs. Efficient Meters • Inefficient Meters • Low load factor (0% – 39%) • Efficient Meters • Medium (40%– 59%) & high (60% – 100%) load factors

  6. 4 Easy Steps for an EMEX™ Reverse Auction • Registeronline in 2 minutes or less • Schedule your reverse auction • Watchenergy suppliers compete for your business • Sign a new contract – or don’t

  7. Easy Accessibility • Browser-based online service • desktop computers • Laptops • tablets • smartphones.

  8. Questions & Answers

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